Discussion Paper (continued)
This discussion paper explores the potential adverse impacts of unilateral climate policies on domestic energy-intensive and trade-exposed industries.
"The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond"
The authors evaluate the consistency of economic incentives and climate objectives in Europe, with regard to energy markets. In this context, they examine policy interactions between the EU-ETS and Europe's renewable target—and the role of natural gas in a transition to a low-carbon economy.
The comparability of domestic actions to mitigate global climate change has important implications for the stability, equity, and efficiency of international climate agreements. the authors examine a variety of metrics that could be used to evaluate countries' climate change mitigation effort and illustrate their potential application for large developed and developing countries.
The author finds that, in theory, if countries agree to negotiate an international agreement in terms of a harmonized shadow price on carbon and if passage of the agreement is conditioned on a simple majority of countries voting in favor, then the incentives that countries face can lead to their agreeing to a uniform shadow price on carbon that is close to the price that would lead to an efficient outcome in terms of emissions abatement.
Does temperature affect economic performance—and has it always affected social welfare through its impact on physical and cognitive function? This paper presents a model of labor supply under thermal stress, building on a longstanding physiological literature linking thermal stress to health and task performance.
The authors draw upon the past decade of experience with carbon markets to test a series of hypotheses about why governments have demonstrated a preference for linking.
The author conducts a comparative analysis of fixed and intensity carbon targets, as these might be used in national policy or a multilateral climate agreement. The discussion is relevant to the ongoing UNFCCC negotiations on the 2015 Durban-Platform agreement.
The authors analyze global climate policy as the problem of transforming governance of the atmosphere from an open-access to a global-commons regime. They also review several challenges to effecting this transformation.
The authors, using data from the recent history of international climate policy to test organizational ecology theory, attempt to explain changes in diversity, growth rates, and composition of organizations dealing with global climate change.
Climate change is a complex long-run phenomenon. The speed and severity with which it is occurring is difficult to observe, complicating the formation of beliefs for individuals. The authors use Google Insights search intensity data as a proxy for the salience of climate change and examine how search patterns vary with unusual local weather. The responsiveness to weather shocks is greater in states that are more reliant on climate-sensitive industries and that elect more environmentally-favorable congressional delegations. Furthermore, they demonstrate that effects of abnormal weather extend beyond search behavior to observable action on environmental issues.